Archive for December, 2013

New Movies for December: Part 2

Friday, December 20th, 2013

Here are the last of our new DVDs this month:

All is Bright
And While We Were Here
As I Lay Dying
The Attack
Computer Chess
Red Obsession

You may browse the entire DVD collection via the library catalog.

Holiday Travels Reading

Tuesday, December 10th, 2013

As the Fall Term 2 comes to a close, the Ford Library staff sends good luck wishes to all Fuqua students with final exams.  Have a happy holiday wherever your travels take you and we will see you again in 2014.

As you pass the time in airports, you may have time to read for pleasure.  Here are 5 new books, all available in the Ford Library.

custom-nation-coverCustom Nation : why customization is the future of business and how to profit from it
by Anthony Flynn and Emily Flynn Vencat

Thanks to efficiencies in manufacturing and marketing, it is now profitable to make many different products to appeal to many small niches. This practical guide explains how entrepreneurs use customization to make products stand out, to increase market share and to develop customer loyalty.

I am Malala : the girl who stood up for education and was shot by the Taliban
by Malala Yousafzaimalala

Schoolgirl living in a remote Pakistani village fights for her right to an education and is shot in the head by the Taliban.  She recovers and becomes a global symbol of peaceful protest, nominated for a Nobel Peace Prize in 2013.

apprentice-coverThe billionaire’s apprentice : the rise of the Indian-American elite and the fall of the Galleon hedge fund
by Anita Raghavan

After insider trading leads to the collapse of the Galleon Group, a multi-billion dollar South Asian hedge fund, the Indian managers are prosecuted by federal officials in a sensational case. Also available as a Kindle eBook.

Everything you need to know about the Duke Fuqua MMS
by Naresh Vissavissa-mms-cover

2012 MMS Alumnus describes the application process, student life and job seeking experiences while he was enrolled in the Fuqua MMS program.

egghead-coverEgghead : or, you can’t survive on ideas alone
by Bo Burnham.

Comedian and actor presents a book of poetry that is hilarious to some and offensive to many.

© Meg Trauner & Ford Library – Fuqua School of Business.
All rights reserved.

New Movies for December: Part 1

Tuesday, December 10th, 2013

Here are the first of our new DVDs for the month:

2 Guns
Man of Steel
Violet & Daisy
We’re the Millers
The World’s End

You may browse the entire DVD collection via the library catalog.

Fuqua Faculty Scholarship – Graham and Harvey

Wednesday, December 4th, 2013

journal-cover-imageToday, we’re beginning a new series of posts on our blog. Fuqua Faculty Scholarship will briefly highlight currently published research by members of the faculty here at the Fuqua School of Business.

In addition to a citation and an adapted abstract, we’ll provide a link to the featured article’s full text online within one of the e-journal platforms provided to Duke users by Ford Library or Duke Libraries. If you’re reading these posts from off-campus, you’ll need to enter your Duke Net ID and password in order to view the article full text.

Ben-David, Itzhak; Graham, John R.; Harvey, Campbell R. (2013) “Managerial Miscalibration“, Quarterly Journal of Economics, Volume 128, Issue 4, November 2013, Pp. 1547-1584.

A person is said to be “miscalibrated” when they overestimate their ability to predict the future, or because they underestimate the volatility of random events. Miscalibration is the systematic underestimation of the range of potential outcomes by individuals, or in the language of psychology, excessive confidence about having accurate information.

Ben-David, Graham, and Harvey ask, does miscalibration apply to senior financial executives and managers, who when designing corporate policies, must routinely estimate future unknowns (e.g., demand, cash flows, and competition)?

Using a unique 10-year panel that includes more than 13,300 expected stock market return probability distributions, the authors find that executives are severely miscalibrated with regard to estimating future unknowns — to the extent that realized market returns are within the executives’ 80% confidence intervals only 36% of the time.

The authors conclude that “knowing that executives are miscalibrated has important implications for investors, regulators, and other corporate stakeholders who rely on corporate data and forecasts.” The authors anticipate future research that will examine “how such data should be best used and also that determines how miscalibrated employees should be compensated and motivated.”

Post content only © Carlton Brown & Ford Library – Fuqua School of Business.
All rights reserved.